The real truth is these managers, directors have no idea how to plan and deal with negative times. They are like deer caught by the oncoming headlights. They are blinded, ill prepared with no planning skills, for that matter they don't even know what work is being done.
This is Verizon's biggest issue. Incompetent management keeps making ill-informed, bad decisions over and over again.
Imagine where we could be if we had good management and leadership?